Business Immo, the real estate website

El Corte Inglés

Retail 23/12/2019

Germany's Union, Italy's Generali acquire Zaragoza Puerto Venecia for €475m

Germany's Union Investment and Italy's Generali Real Estate are paying €475m in a 50/50 joint venture to acquire the Puerto Venecia shopping resort in Zaragoza, Spain. The (...)

Retail 03/07/2019

Spain's El Corte Inglés sells Barcelona store for €150m

Spain's iconic store chain El Corte Inglés has extended its divestment of real estate, with the sale of its Francesc Macià store in Barcelona to a private investor (...)

Retail 14/05/2019

Spain's El Corte Inglés sets 23 May deadline for offers on €1.5bn disposals

Spain's iconic department store chain El Corte Inglés has set 23 May as the deadline for initial offers on 96 non-strategic properties disposals said to be (...)

Logistics 05/02/2019

KKR, Round Hill said bidding €170m for Spain's El Corte Inglés logistics

US investment funds KKR and Round Hill Capital are reported to be leading the bid, at up to €170m, for a 500,000 sqm logistics (...)

Retail 08/01/2019

Spain's El Corte Inglés said selling up to €2bn of non-core real estate

Spain's largest department store chain El Corte Inglés is reported to be preparing a sale of some 130 non-strategic properties, valued at up to €2bn, (...)